India, June 28 -- Honeywell analysis and MIT Center for Sustainability Science and Strategy modeling project annual savings of up to $225 billion in production costs for oil-based fuels, $80 billion in LNG alone, by 2050, using AI-enabled technologies

BENGALURU - Honeywell (NASDAQ: HON), in collaboration with the MIT Center for Sustainability Science and Strategy, today released new research titled Accelerating Energy Expansion, which shows that digital and AI-enabled technologies can significantly reduce the cost of fuel production annually, citing applications across traditional oil-based fuels and LNG.

The report addresses three focus areas and the supporting policies needed to help achieve energy security and affordability: increasi...